Posted February 13, 2019 11:10:54I have to admit, I was shocked when I first saw this story.
It was almost like I was reading a different reality.
I was told that the world’s largest banks were in danger of running out of cash and that the banks would have to take on enormous amounts of debt and lend to themselves.
This is what everyone thought.
I was also shocked that I was in a world where one bank, Deutsche Bank, is the biggest bank in the world, with $2 trillion in assets.
This was when the financial crisis was raging.
And now, I am told, we have another bank on the verge of bankruptcy.
And I had a feeling that this was just the tip of the iceberg.
I knew that the U.S. was a big player in the global financial system and that most of the world was paying attention to the crisis in Europe.
I had also learned that many countries were already in a recession and were on the brink of default.
I also knew that, despite the fact that we are all now living in the most expensive financial crisis in history, the U